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Commerce Resources Closes $7.5 Million Non-Brokered Private Placement
Jun. 06, 2011 10:01AM PST
Tantalum InvestingCommerce Resources Inc. (CVE:CCE,FRA:D7H,OTC:CMRZF) announced it has completed its non-brokered private placement and raised $7.58 million.
The press release is quoted as saying:
The proceeds of the Private Placement will be used to advance the Company’s exploration and development programs on itsBlue River Tantalum and Niobium Project in British Columbia and its Eldor Rare Earth Project in Quebec, and for general working capital.
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